With the Canadian used vehicle market heating up, average prices climbing and inventory tightening, dealers looking to stand out from competitors and private sellers can thrive with certified pre-owned (CPO) strategies, says one industry strategist. Jake Stacey, Executive Vice President …
Canada’s oldest Toyota dealership has been sold to an emerging auto group that has been adding stores in recent years and is keen on adding more. Bill’s Toyota, a landmark in Fort Erie since it became Toyota’s first dealership in …
Keyloop launched an end-to-end automotive retail platform called Fusion meant to help dealers in Canada better manage and optimize the full vehicle sales and after-sales process, the company announced. They said the platform incorporates four domains to cover the key …
UVeye has teamed up with tire distributor company Dealer Tire to launch a new integration meant to help dealerships streamline tire inspection, improve safety and transparency, and provide a better customer experience. The integration combines UVeye’s AI-powered tire inspection tech …
The Canadian used wholesale market was down -0.23% in pricing for the week ending on September 13. That’s in comparison to the -0.29% experienced a week earlier, according to Canadian Black Book, and a 2017-2019 average for the same period …
The 100 per cent tariff imposed by the federal government on Chinese electric vehicles in October 2024 is currently under review. That is according to a CTV News article: they noted that Heath MacDonald, Canada’s Agriculture Minister, said the decision …
Hyundai Canada recently held a Handprint Ceremony at Southtown Hyundai in Alberta and presented a $100,000 donation to the Stollery Children’s Hospital Foundation. The OEM did this through its charitable foundation called Hyundai Hope on Wheels to celebrate the hospital’s …
The average used car price in Canada was up $33,986 in August — 1.11% month-over-month and 7.78% year-over-year — reflecting shifts in consumer interest and the limited supply of sweet-spot vehicles, according to online used car retailer Clutch. Its August …
Canadian automotive employment continues to weaken, according to DesRosiers Automotive Consultants. They released a report showing employment in the sector has been impacted amid an economy that shrunk in the second quarter and an ongoing trade conflict with no resolution …
China is racing ahead of other countries in the global shift to electric vehicles, while Europe adjusts its strategy and the United States sees its EV adoption timeline slip to 2039, according to the latest EY Mobility Lens Forecaster. EY …
Dealers in Canada may wish to familiarize themselves with the word “agentic AI,” because it’s already being introduced into the automotive industry. The latest development comes from a recent collaboration between Google Cloud and Qualcomm Technologies. The companies expanded their …
The Canadian used wholesale market saw prices decline -0.29% for the week ending on September 6. In comparison, the prior week’s report had prices down by -0.16%, according to Canadian Black Book. Its Market Insights report shows car segment prices …
